Leaderboard

Any time is ok with me for the conversion business-wise, but I may have withdrawal during the downtime. As always, thank you for taking care of us so well, Eric.

I'm at a loss why someone would want to track this manually rather than on a spreadsheet, but some options: In Amazon search for trading log book for numerous options. If you use comb binding for tax returns, make your own. Google custom book binding for any number of companies that offer that service.

I am having withdrawal ever since the 15th. I would like to see these extensions disappear. I am so totally disappointed in the IRS for various reasons; many of you can relate. I am disappointed in ATX for pouncing on us before tax season was even (over?). I have since been bombarded with emails and calls and snail mail from them. They choose to attack when our resistance is at its lowest. I only want to sleep. I am fine with whatever Eric does for us. It can surely only make our lives better and easier. Thanks again to Eric and all of you for what you do for me.

Hello all, We've had some (very few, but more than zero) issues where database tables have crashed during times of heavy load on the server. These load spikes are usually related to other sites that I'm responsible for that happen to share resources with the ATX Community. These haven't been significant issues, and in fact have been very easy to resolve when they arise, but it does cause brief downtime on the Forum. So, in the interest of constant improvement, I would like to move the ATX Community to its own server (VPS) with its own dedicated resources. There are other server configuration changes/challenges that I'll tackle at the same time. Because this is the only forum I maintain, I am less experienced with performance tuning for this software than, say, more standard website content management systems. All that to say, I am expecting it to be a slightly bumpy transition but with improved speed and stability in the long term. There might be as much as one or two days of downtime followed by intermittent hiccups until everything is smoothed out. I'm aiming for mid-May to get this work done, but there is no hurry on my end. If there are business reasons to put it off longer, please speak up! Thanks!

Since property is in KY, it is taxable there. Since it was only one month after they moved, I'd look to see if they were WI resident at the time of sale. When did they change such things as drivers license, car plates, etc.

Thanks. I will double check my material. I probably read it incorrectly. Appreciate you! Tom Longview, TX

Both articles I read said it was half year, and I tend to assume ATX has it right. https://www.journalofaccountancy.com/issues/2022/nov/amortizing-r-e-expenditures-under-tcja.html

Use Z-Amortization and 5-Amort-174-Rsch and exp and you'll get 5 year SL HY.

Asking now before I start this return - before the board goes dark and I go into withdrawal symptoms..... Have any of you done the amortization of R&D costs on an 1120 return yet? I have one in my extended pile that I have been holding waiting for the Senate to act on the bill that is stalled. I have not even started the return yet, but I am curious if there are any issues with entering in ATX. I know it is a 5 year asset (but which one). I think it should be SL, but how do I keep ATX from taking mid-year? I am getting to this return in a couple of weeks and would appreciate any advice on how to enter in ATX Fixed Assets. Thanks - this is my first return with R&D costs. Tom Longview, TX

I would call Sigma. My experience is the people you call are terrific at fixing computer problems, not tax problems. They'll try and help but you aren't getting the best answer if you need help with real tax questions. I've never called with real tax questions but that's just my interpretation from talking with them. If it's not printing, they'll be great with that type of problem. All efiling and downloads go directly through the software to / from Drake. Once installed, you can't tell Sigma is involved except their logo shows up on the initial log-in screen.

Both. The property was in Kentucky, so Kentucky wants their tax, probably on a NR Kentucky return. Wisconsin will tax his worldwide income while a resident, so it'll be on a PY Wisconsin return, taking a credit for taxes paid to Kentucky on that same gain from the sale. But, I don't prepare returns for either state, so can't tell you if Kentucky has a NRPY return as one return. Read the instructions on their website. Someone will jump in here who knows about a Kentucky NRPY return.

I just held for an hour and 7 minutes. After being given an ID number (in a very flat, disaffected tone), I was told I was being transferred to the 'correct department' (never had that one before). Immediately back into the same queue (I'm certain) and back on hold, only to eventually be cut off. This is INCREDIBLY frustrating.